US ZIP Code
55370

Plato, MN

McLeod County  ·  Minnesota

● Active
👥 627 Population ↓ 10% since 2019
💰 $117,344 Median HH Income
▲ 54% above avg ↑ 65% since 2019
🎂 36.2 Median Age ↓ 20% since 2019
🏠 $332,100 Median Home Value
▲ 19% above avg ↑ 49% since 2019
🎓 32.5% College Grads
▼ 16% below avg
📊 1.5% Unemployment
▼ 70% below avg ↓ 4% since 2019
ZIP Code Details
ZIP Code55370
CityPlato
StateMinnesota (MN)
CountyMcLeod County
Area Code320
Elevation968 ft
Latitude44.78412
Longitude-94.0346
TimezoneChicago (DST)
FIPS27085
ZIP TypeStandard
StatusActive
People & Population (ACS 2023)
♂ Male 56.1% (352) Female 43.9% (275) ♀

Race & Ethnicity

White: 83.4%Hispanic: 14.8%Asian: 0.6%Other: 1%Race
White83.4%
Hispanic14.8%
Asian0.6%
Other1.0%

Age Breakdown

Under 5
3%
5–17
17%
18–24
15%
25–44
28%
45–64
24%
65+
7%

Key Indicators

Median Age36.2 yrs ↓ 20% since 2019
Avg Household Size2.94
Below Poverty3.8% ▼ 62% below avg
College Grads32.5% ▼ 16% below avg
Unemployment1.5% ▼ 70% below avg
No HS Diploma11 (2.9%)
HS Graduate104 (27.2%)
Some College73 (19.1%)
Associates70 (18.3%)
Bachelors61 (16%)
Graduate Degree63 (16.5%)

Education

No HS: 2.9%HS Grad: 27.2%Some College: 19.1%Associates: 18.3%Bachelors: 16%Graduate: 16.5%Edu
No HS2.9%
HS Grad27.2%
Some College19.1%
Associates18.3%
Bachelors16.0%
Graduate16.5%
Housing & Income

Housing Tenure

Owner: 95.8%Renter: 4.2%Tenure
Owner95.8%
Renter4.2%

Home Value Distribution

Under $50k
1%
$50k–100k
1%
$100k–150k
3%
$150k–200k
13%
$200k–300k
24%
$300k–500k
42%
Over $500k
16%

Financials

Median HH Income$117,344 ▲ 54% above avg ↑ 65% since 2019
Median Home Value$332,100 ▲ 19% above avg ↑ 49% since 2019
Home/Income Ratio2.8x (nat avg ~3.5x)
Total Units234
Vacant Units21
Avg HH Size2.94

Income Distribution

Under $25k
9%
$25k–50k
6%
$50k–75k
17%
$75k–100k
9%
$100k–150k
32%
$150k–200k
20%
Over $200k
7%
Employment & Commute

How People Get to Work

Drove Alone
85%
Public Transit
6%
Walked
1%
Work From Home
8%

Commute Time

Under 15 min
34%
15–30 min
25%
30–45 min
16%
Over 45 min
26%
Housing Stock

Year Built

Before 1940
2%
1940s–1950s
6%
1960s–1970s
22%
1980s–1990s
10%
2000+
60%

Summary

Total Units234
Vacant21
Owner Occupied95.8%
Renter Occupied4.2%
Avg HH Size2.94
Frequently Asked Questions
ZIP code 55370 is in Plato, MN, in McLeod County.
ZIP code 55370 is located in Minnesota (MN).
ZIP code 55370 is in McLeod County, MN.
ZIP 55370 observes the Chicago timezone. Daylight Saving Time is observed.
The estimated population of ZIP code 55370 is 627 people (ACS 2023).
The median household income in ZIP code 55370 is $117,344 (ACS 2023).
The median home value in ZIP 55370 is $332,100 (ACS 2023).
About ZIP Code 55370

ZIP code 55370 is located in Plato, Minnesota, within McLeod County. With a population of 627, this is a sparsely populated ZIP code with a relatively young community — the median age is 36.2 years. Economically, 55370 is a upper-middle-income ZIP code: the median household income of $117,344 is significantly above the national average.

Real estate in ZIP code 55370 represents a mid-range housing market. The median home value of $332,100 is above the national average. Homeownership is strong here — 95.8% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 49% since 2019.

The population of 55370 is primarily White (83.41%). Residents are moderately educated — 32.5% hold a bachelor's degree or higher, which is below the national average. Poverty affects a relatively small share of residents at 3.8%. Household income has grown by 65% since 2019.

The unemployment rate in 55370 stands at 1.5%, which is well below the national average. As in most parts of the country, driving alone is the dominant commute mode at 75%.

Overall, ZIP code 55370 in Plato, MN is characterized as upper-middle-income, moderately educated, a relatively young community, and predominantly owner-occupied. With 627 residents, a median household income of $117,344, and a median home value of $332,100, it offers a clear picture of life in this part of Minnesota.